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Tuesday
Apr132021

Apple sees economic growth in Canada through the App Store

Photo by Corinne Kutz/Unsplash

While many physical stores had to shut down because of the pandemic, Apple has seen some growth in what it calls the iOS app economy. The company says it's been a "resilient source of opportunity, innovation, and economic growth." That Canadian developers continue to grow their businesses and share new apps with the world through the pandemic. 

The App Store now supports over 243,000 Canadian jobs, which it says is 18% more than the past year. It reports that developers across Canada have generated over $2 billion in total earnings, growing 20% in 2020 from the previous year. What's interesting to note is that 90% of the revenues Canadian developers are earning come from outside the country.

The company says Canadian developers benefit from the App Store Small Business Program's reduced commission, which it launched in January. Those who earn less than $1 million in proceeds over a year get a reduced commission of 15% in digital goods and services sales. 

The country's developers have also embraced its Apple Developer Program and its tools, resources, and support. According to Apple, entrepreneur camps that use Apple's core tech and language, as well as editorial support from the local App Store team, have helped Canadian developers of apps like Sago Mini World, #SelfCare, Ground News, and FILM3D "invest, evolve, and grow" even with the pandemic. 

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